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Time of India
12 hours ago
- Business
- Time of India
Tata AIA launches two new funds to cater to the wealth and retirement planning
Tata AIA Life Insurance has announced the launch of two new funds -Tata AIA Top 200 Alpha 30 Index Fund and Tata AIA Top 200 Alpha 30 Pension Fund - that brings a powerful opportunity to grow wealth and secure future through life insurance-linked investment products. These two new funds are designed to help an investor make the most of India's economic ascent. For those looking to grow their wealth while securing their family's financial future – Tata AIA Top 200 Alpha 30 Index Fund whereas for those focused on building a strong retirement corpus with equity-driven growth – Tata AIA Top 200 Alpha 30 Index Pension Fund These funds will open for investment on June 23, and are available at just Rs 10 per unit during the New Fund Offer (NFO) period, ending June 30, 2025. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Iraq: New Small Electric Car For Seniors. Prices Might Surprise You. Electric Cars | Search Ads Undo Investments will be made through Tata AIA Life Insurance's unit linked insurance plans, offering you the dual benefit of life insurance coverage and potential wealth growth. According to Tata AIA, one should invest in these funds as India's economy is poised for growth, supported by a young workforce, rapid urbanisation, strong policy reforms, and key initiatives like 'Make in India' and PLI schemes. These funds are your opportunity to benefit from this promising growth. Live Events Secondly, these funds are powered by the Nifty 200 Alpha 30 Index, which picks 30 top-performing stocks with a history of delivering better-than-market returns (alpha). That means smarter stock selection and potential for higher growth. Thirdly, whether you want to build a strong financial foundation for your family or create a retirement fund, these funds are crafted to help you grow your money over time—thanks to their focused, high-growth equity exposure. And lastly, beyond wealth creation, consumers can secure their families' financial future with life cover. The Tata AIA Top 200 Alpha 30 Index Fund and Tata AIA Top 200 Alpha 30 Pension Fund are strategically designed to capitalize on these trends, investing in companies poised to benefit from India's growth story. " India stands at the threshold of a transformative multi-decade economic growth phase. Our new funds are positioned to capitalise on this promising trajectory, offering investors an equity instrument based on rigorous data analysis and superior risk-adjusted returns. These funds aim to capitalise on a promising trend, offering investors significant long-term value by consistently enhancing their financial security,' said Harshad Patil, Chief Investment Officer at Tata AIA Life Insurance. The investment objective of the fund is long-term capital appreciation through investment in high-alpha stocks They will be benchmarked against Nifty 200 Alpha 30 Index. The asset allocation will be 80%-100% in equity & equity-related instruments, 0%-20% in cash & money market securities Top 200 Alpha 30 Index Fund: Consumers can invest in the fund and be part of India's long-term growth story. The fund is available with the following Tata AIA solutions: Tata AIA Param Raksha Life Growth +, Tata AIA Param Raksha Life Pro, Tata AIA Param Raksha Life Pro+, Tata AIA Param Raksha Life Maxima+, Tata AIA Param Raksha Life Advantage+, Tata AIA Pro Fit, Tata AIA Shubh Muhurat and Tata AIA Shubh Fortune. Top 200 Alpha 30 Index Pension Fund: Investment in the Top 200 Alpha 30 Index Pension Fund is exclusively available with Tata AIA's unit-linked pension solution, Smart Pension Secure Plan, which enables consumers to build a robust retirement fund with long-term growth potential.
Time of India
5 days ago
- Business
- Time of India
NFO Alert: Mirae Asset Mutual Fund launches Nifty India Internet ETF
Mirae Asset Mutual Fund has announced the launch of the Mirae Asset Nifty India Internet ETF , an open-ended scheme that replicates/tracks the Nifty India Internet Total Return Index. The New Fund Offer (NFO) for the Mirae Asset Nifty India Internet ETF will open for subscription on June 18 and close on June 25. The fund will reopen for continuous sale and repurchase on July 2. This thematic ETF offers investors an opportunity to participate in India's growing internet-based business ecosystem through a diversified portfolio of companies that derive a significant portion of their revenues from online platforms. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: 1 simple trick to get all TV channels Techno Mag Learn More Undo The Nifty India Internet Index is designed to capture the performance of companies operating primarily in the internet domain, including segments such as e-commerce, fintech, web-based media and services, online travel, food delivery, digital entertainment, etc., selected from the Nifty Total Market Index. The index comprises a mix of large, mid, and small-cap companies, with a strong representation of emerging and digitally focused businesses, according to a press release. The scheme will be managed by Ekta Gala and Akshay Udeshi. The minimum initial investment during the NFO period will be Rs 5,000, and in multiples of Re 1 thereafter. Live Events 'India's digital economy is not just growing—it is reshaping how businesses operate and how consumers engage. With the launch of the Mirae Asset Nifty India Internet ETF , we are continuing our endeavour to provide investors access to structural, long-term themes through simple and transparent vehicles like ETFs. This product aligns with our view that thematic investing can be a meaningful part of building a future-ready portfolio,' said Swarup Anand Mohanty, Vice Chairman & CEO, Mirae Asset Investment Managers (India). The Nifty India Internet Index includes companies that have a significant reliance on digital and online business models, reflecting the broader internet economy in India. The index is reconstituted semi-annually and rebalanced quarterly. Currently, the index comprises 21 stocks, with the top stock capped at 20% at the time of rebalancing. The portfolio is expected to evolve as more digital and online-centric companies get listed and become part of the eligible universe. 'The Mirae Asset Nifty India Internet ETF is designed to reflect the shift in India's consumption and business landscape, where digital platforms are becoming central to engagement, delivery, and growth. By offering exposure to this evolving theme through an ETF, we aim to provide access to a diversified basket of businesses that are driving India's ongoing digital transformation,' said Siddharth Srivastava , Head – ETF Products, Mirae Asset Investment Managers (India).
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Business Standard
05-06-2025
- Business
- Business Standard
India's first BSE 1000 Index Fund is here: Invest in 1,000 cos with Rs 500
Motilal Oswal Mutual Fund (MOMF) on Thursday launched India's first-ever index fund tracking the BSE 1000 Total Return Index, providing investors with a unique opportunity to access a diversified portfolio of the top 1,000 listed companies across large, mid, small, and micro-cap segments. The fund opened for subscription on 5 June under a New Fund Offer (NFO) that will run until June 19, 2025. What is the Motilal Oswal BSE 1000 Index Fund? This new fund passively replicates the BSE 1000 Total Return Index, which covers about 94% of India's listed market capitalization, making it one of the most inclusive equity benchmarks in the country. It spans 22 sectors, offering investors exposure to both industry leaders and high-growth emerging businesses. It offers exposure to a mix of established market leaders and emerging companies across 22 sectors, with the top-10 stock weight capped at 33%, thereby helping to reduce concentration risk. The index also includes micro-cap companies, whose market capitalization and liquidity have grown approximately 5× and 14× respectively over the past five years. All within a passive, free-float weighted structure with semi-annual rebalancing. NFO Period: June 5, 2025 to June 19, 2025 Investment Objective: The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by BSE 1000, subject to tracking error. However, there can be no assurance or guarantee that the investment objectives of the scheme will be achieved. Benchmark: BSE 1000 Total Return Index Investor Profile: This product is suitable for investors who are seeking long-term capital growth and return that corresponds to the BSE 1000 Total Return Index, subject to tracking error. Minimum application: During the NFO and ongoing Bases: For Lump sum: ₹ 500 and multiples of ₹ 1 thereafter. For the Systematic Investment Plan (SIP), the minimum instalment amount, frequency, number of instalments, and choice of SIP date/day are different and as specified in the Scheme Information Document. 1 % - If redeemed on or before 15 days from the allotment. Nil - thereafter. Why this fund matters: Broad Diversification: Covers companies across all market caps and sectors Reduced Concentration Risk: Top 10 stocks capped at ~33% Passive & Cost-Effective: Semi-annual rebalancing, no active stock picking Aligned with India's Growth: Reflects economic trends in infrastructure, manufacturing, tech, and more According to MOAMCs internal research, India is expected to continue on a strong growth trajectory, supported by strong fundamentals, supportive policies, and robust domestic demand. The International Monetary Fund ('IMF') projects India's GDP growth at 6.2% in 2025 and 6.3% in 2026 economies. "This growth is aligned with India's 'Viksit Bharat 2047' vision, which aims to transform the country into a fully developed, high-income nation by 2047, with a targeted GDP of $23–$35 trillion and per capita income of $15,000–$20,000. As India progresses in areas like technology, manufacturing, energy, and infrastructure, opportunities are likely to arise across multiple sectors. A diversified portfolio like the BSE 1000, encompassing a wide range of listed companies, offers investors a structured way to participate in this evolving growth landscape," Motilal Oswal said in a statement. Who Should invest? This fund is ideal for: Long-term investors seeking capital growth Those looking for passive, diversified exposure to India's equity markets Investors wanting to ride India's transformation journey towards Viksit Bharat 2047 'We are proud to launch India's first index fund tracking the BSE 1000 Total Return Index, giving investors access to India's largest and most inclusive equity index. This fund aims to captures the performance of 1,000 companies spanning large, mid, small, and micro-cap companies across 22 sectors. It provides a diversified exposure to India's corporate sector and is a natural evolution for investors seeking a passive investment option," said Pratik Oswal, Chief of– Passive Business, Motilal Oswal Asset Management Company ('MOAMC'): The Motilal Oswal BSE 1000 Index Fund offers a low-cost, diversified gateway into India's equity markets for those seeking to invest in the country's long-term growth story—from giants to up-and-comers, all in one basket. Mutual Fund investments are subject to market risks, read all scheme-related documents carefully before investing. Past performance is not indicative of future returns. Please consult your financial advisor before making any investment decisions.
Time of India
29-05-2025
- Business
- Time of India
NFO Alert: Groww Mutual Fund launches Nifty 500 Low Volatility 50 ETF
Groww Mutual Fund has announced the launch of the Groww Nifty 500 Low Volatility 50 ETF , an open‐ended scheme that aims to track the Nifty 500 Low Volatility 50 Index - TRI. The New Fund Offer (NFO) is currently open for subscription and will close on June 11. The scheme will reopen for continuous sale and repurchase on or before June 25. The investment objective of the scheme is to generate long-term capital growth by investing in securities of the Nifty 500 Low Volatility 50 Index in the same proportion/weightage, with the aim of providing returns (before expenses) that closely track the total return of the index, subject to tracking errors. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ampliar segurança e conveniência nas compras online é prioridade para 2025 Estúdio Folha Leia mais Undo The scheme will be benchmarked against the Nifty 500 Low Volatility 50 Index - TRI and will be managed by Nikhil Satam, Aakash Chauhan, and Shashi Kumar. During the NFO period, the minimum investment amount is Rs 500, with subsequent investments in multiples of Re 1. Units will be allotted in whole figures, and any balance amount, if below the minimum, will be refunded. Live Events The passive fund will allocate 95–100% of its assets to the constituents of the Nifty 500 Low Volatility 50 Index, and 0–5% to money market instruments, debt securities, and/or units of debt/liquid schemes of domestic mutual funds . Also Read | Fund Consistency: 29 equity mutual funds offer more than 25% CAGR over 3 and 5 years The Groww Nifty 500 Low Volatility 50 ETF will be managed passively, with investments made in the same proportion as the index constituents. The investment strategy is to replicate the index closely and minimize tracking error through regular rebalancing based on changes in stock weights and investor flows. The fund is suitable for investors seeking long-term capital appreciation through exposure to equity and equity-related instruments that form part of the Nifty 500 Low Volatility 50 Index.
Time of India
21-05-2025
- Business
- Time of India
Unifi Mutual Fund launches second NFO
Chennai: Unifi Mutual Fund, part of the Unifi Group, has launched the second New Fund Offer (NFO). It comes after the first fund – Unifi Dynamic Asset Allocation Fund – with a debt-oriented proposition generated an AUM of more than Rs 620 crore within two months of its launch in March this year. The NFO, which was launched on May 19 is available till May 30, 2025. This open-ended equity scheme has the flexibility to invest across large-cap, mid-cap, and small-cap stocks, the company said in a statement on Tuesday. The flexicap fund is the second of three funds that it intends to launch in the initial phase, it added. 'The flexicap fund is our singular offering in the equity segment and enables us to stay focused on achieving long-term capital appreciation. Our portfolio construction approach would be to typically have 40 to 60 positions across five or more sectors offering growth tailwinds and reasonable valuations,' said Saravanan V N, CIO, Unifi Mutual Fund. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
